Listing provided courtesy of EXP Realty LLCMLS# 2600863MLS Provider
  • 131 days on site
  • 3 views

Great investment opportunity in the heart of Franklin! This duplex features two separate units, each offering 2 bedrooms and 1 full bathroom, making it an excellent option for investors or buyers looking to generate rental income. With approximately 1,554 square feet of living space, the property offers functional layouts and strong income potential. Both units are currently vacant, providing the perfect opportunity for the next owner to place their own tenants, set market rents, or occupy one unit while renting the other. Whether you're looking to add to your investment portfolio, create a house-hack opportunity, or renovate and maximize value, this property offers plenty of flexibility. Conveniently located near local amenities, shopping, schools, and downtown Franklin, this duplex presents a great opportunity for both new and experienced investors. With solid income potential and two separate units, this is a property you won’t want to miss.

Source: Central Virginia Regional, MLS#: 2600863

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  • Property Type
    Residential Income
  • Lot
    0.20 acres

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Jonathan Dahl

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  • Median Age
    47
  • Population Density
    119
  • College Educated
    30%
  • Estimated Median Income
    $57,774
  • Estimated Total Home Owners
    3,491
  • Estimated Total Renters
    2,083
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    2
  • Total Population
    12,960
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Want to talk? Contact us here.

  • Skip Templeton
  • RW Towne Mortgage
  • Vice President | Mortgage Loan Officer
  • (757) 287-1902

Want to talk? Contact us here.

Want to talk? Contact us here.

Life at 205 Cobb Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/3/2026Source: Central Virginia Regional Price Reduction
$215,000 -4.4%
4/15/2026Source: Central Virginia Regional Price Reduction
$225,000 -2.2%
2/18/2026Source: Central Virginia Regional Added to Database
February 18, 2026
11/19/2025Source: REIN MLS Price Reduction
$92,500 -47.1%
11/19/2025Source: REIN MLS Status Change
Sold
10/2/2025Source: REIN MLS Status Change
Under Contract
7/31/2025Source: REIN MLS Price Reduction
$175,000 -5.4%
7/28/2025Source: REIN MLS Added to Database
June 15, 2025
7/28/2025Source: REIN MLS Status Change
Off Market
7/28/2025Source: REIN MLS Status Change
Active
7/28/2025Source: REIN MLS Status Change
Off Market
7/28/2025Source: REIN MLS Status Change
Active

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